Tow trucks are an essential asset to any trucking business. That’s why it’s important to keep your tow trucks protected for long-term operation. The first step to achieve this protection is to invest in the proper tow truck insurance coverage in Ohio. InsurA can help you find the right tow truck insurance for your business needs and budget.
Why You Need Tow Truck Insurance
Tow truck insurance is a type of insurance that tow truck companies need to protect their business. This type of insurance covers the damages that a tow truck may cause while on the job. It also provides protection for the tow truck company in case one of its employees gets into an accident while operating the tow truck.
Insurance for a tow truck is important because it can help tow truck companies avoid financial ruin in the event of an accident. Without insurance, a tow truck company would have to pay for all of the damages themselves. This could quickly bankrupt the business. In addition, tow truck insurance can help tow truck companies defend themselves against lawsuits. If a tow truck company doesn’t have insurance and its employee gets into an accident, the company could be sued by the victim of the accident.
There are many different types of tow truck insurance available in Ohio. The type of coverage you need will depend on the size of your tow truck business and the types of tow trucks you operate. You should work with an insurance agent who specializes in tow truck insurance to determine the best coverage for your business.
At InsurA, we proudly offer outstanding tow truck insurance coverage to keep your tow trucks running smoothly. Whether you’re a private carrier or owner-operator, you’ll find the perfect plan that covers every situation with InsurA. Read on to learn more about our tow truck insurance coverage.
What Does InsurA’s Tow Truck Insurance Cover?
InsurA provides customized tow truck insurance coverage plans. These plans include common commercial truck coverage that many tow truck owners will need for proper protection.
This coverage includes:
- General Liability Coverage
- Collision Coverage
- Medical Coverage
- Third-Party Injury Coverage
- On-Hook Towing Coverage
- Garagekeepers Liability Coverage
- Non-Trucking Liability Coverage
While this list covers a variety of the coverage offered by InsurA, there are additional coverages that can be added to your tow truck insurance plan. Contact our team to learn more about what plans we offer and how we can help you protect your tow trucks.
Cost of Tow Truck Insurance in Ohio
Tow truck insurance plans will vary in price depending on a few factors. As you prepare to choose a plan, consider the following influential factors:
- OSHA law compliance
- USDOT regulations
- Vehicle type (including age)
- Type of towing
- Time in business
- Operating radius
- Number of drivers
- Driving history
Speak with one of our agents to determine the final cost of your tow truck insurance. We’ll assess your business needs and find a plan that works for you and your budget.
Areas of Service
Looking for tow truck insurance in Cincinnati, Ohio? InsurA is proud to announce that we serve not just Cincinnati but ALL Ohio clients. However, if you’d prefer to discuss your tow truck insurance coverage in person, you can meet with an agent at the following locations:
- Reynoldsburg, OH
- Cincinnati, OH
- Dayton, OH
Our professional insurance agents are happy to help you build the best tow truck insurance plan for your needs.
Frequently Asked Questions
What kind of businesses need tow truck insurance?
There are a variety of trucking businesses that need insurance. These include but are not limited to:
- Auto mechanical repair businesses
- Auto body shops
- Repossession businesses
- Roadside assistance providers
Why do I need tow truck insurance?
Both the USDOT and the OSHA have laws and requirements around providing insurance for a tow truck. There is also a minimum amount of liability that tow truck owners must have to operate their vehicles. Tow truck insurance also provides additional benefits for your business that make coverage a worthwhile investment.
How much tow truck insurance do I need?
The amount of tow truck insurance you need will vary based on numerous factors. These include the type of tow truck you have, the tow truck’s age, the tow truck’s use, and more. Speak with an agent to learn more about how much tow truck insurance is right for your business.
What are the requirements to avail insurance for a tow truck?
To avail tow truck insurance, you must first provide some basic information about your tow truck business. This includes the type of tow truck you have, the tow truck’s age, the tow truck’s use, and more. You will also need to provide a list of drivers that will be operating the tow truck.
Do I need to cover insurance for all of my drivers?
This will depend on the ownership of the tow trucks. If you are the sole owner of the tow trucks, you will likely be responsible for the cost of insurance. However, if you are employing drivers that own tow trucks already, they will need their own insurance. This is something you will need to discuss with your tow truck insurance agent.
How often do I need to renew my tow truck insurance?
Tow truck insurance plans typically need to be renewed on an annual basis. However, some tow truck companies choose to renew their insurance every six months.
What is not-for-hire tow truck insurance?
Not-for-hire tow truck insurance is insurance that covers tow trucks that are used for personal use. This type of insurance is not required by law, but it can provide additional protection for your tow truck.
I’ve been in an accident, what do I do?
If you have been in an accident, the first thing you should do is assess the situation and make sure that everyone is safe. Once you have done this, you should call your tow truck insurance company to report the accident. They will likely send an adjuster to assess the damage and determine how to proceed.
Ready to invest in tow truck insurance? Contact the team at InsurA today to learn more about our customizable coverage plans for tow truck owners and operators in Reynoldsburg, Dayton, and Cincinnati, OH.